Ready Your Smelling Salts—Ugg Boots Might Be Going Extinct

Terrible news, sorority girls of 2003. Despite the heroic efforts of Tom Brady and Andre Leon Talley and the ghost of Newlyweds-era Jessica Simpson, the once vaunted Ugg boot is swirling down the crapper posthaste. With profits down 31%, it seems unlikely that the company will be able to limp along for too much longer. » 11/01/12 6:15pm 11/01/12 6:15pm